jassem91

ICX Breakout EW in play

Long
jassem91 Updated   
BINANCE:ICXBTC   ICON / Bitcoin
ICX finally broke out and with some good volume.

Perfect bounce off fib levels. Volume is back and we have broken then 55EMA which is now acting as support.

I assume the current rally is due to the news of Korea allowing ICO's. Which is great news for any ICON holders :)

Target for the 5th wave is 3600 sats.

If we break below 3250, EW has failed.

I believe ICX is a solid project and long term it's going to perform well. ICO's will be launching on ICON in the near future which is sure to boost the the current price.

If you like my TA, give it a like :)

Cheers
Comment:
4th Wave failed. Back to 3100 support

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